Wednesday, December 3, 2008

Preventing Identity Theft

Identity theft is the fastest growing crime in America. With tens of millions of identities being stolen in the last year, you must do what you can to ensure that you do not become identity theft's next victim.

There are several things that you can do to reduce the chances of you becoming a victim of identity theft. Probably the easiest thing to do is to just use your common sense. Make sure you protect your important personal info and do not give it to anybody unless there is a good reason to do so.

You need to check your credit bureau report at least annually to make sure that there hasn’t been any credit opened in your name without your authorization. If you know what should appear on your credit report, then it is simple to tell if there has been any criminal activity with your personal information.

You should be using protection against identity theft to limit your risk to the chance of having your identity stolen. There are a few companies that specialize in locking down your identity. identity theft protection services use a credit bureau fraud alert to alert you anytime anyone attempts to open up credit using your personal information.

These identity theft services also reduce the amount of junk mail you receive, which includes offers of new credit. This limits the chances of mail theft resulting in your identity being stolen.

Also, ID theft companies watch the black market and the Internet for any criminal use or trading of your valuable information. Criminals will often trade your valuable information, such as your social security number and name and address, which is then used to steal your identity.

The average identity theft victim spends hundreds of hours and $8000 to repair their credit. By using an ID theft prevention solution, you are doing what you can to make sure you do not become an identity theft victim. To get more information about these solutions, you can read about Life Lock.

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